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What Comes First in a Home Remodel?

When planning a home remodel, there are many tasks to consider. Priorities can vary depending on what the home needs and what is important to you as an individual or family. There is no right or wrong answer, as every project requires different considerations based on available budget and time, along with personal preferences. As a general rule, there are some home remodeling principles that make sense for most projects. However, the order ultimately comes down to your specific situation and personal preference. Some people may feel more comfortable tackling smaller projects first while others may want to tackle the project that has the biggest impact first. The order in which you tackle a home renovation depends on your level of comfort with certain tasks, cost vs value analysis and other factors unique to your situation.

Decide on a budget

The first thing to consider when planning a home remodel is your budget. You can have all the best ideas in the world, but if you don’t have the budget to execute them, they will go nowhere. Make sure you have a general idea of what the budget should be for each area you plan to remodel, as well as what can be done on the cheap. Additionally, you also need to consider possible budget changes as you move forward with the project. There will almost certainly be unexpected costs along the way, both large and small, so you need to have a plan in place to account for them.

Plan and stage your project

Before you begin the project, you need to map out exactly what each phase will entail. Start with general plans for each room, then break it down to the smallest details. This will give you a good idea of the work involved and help you determine the best way to get it all done. In addition to planning the project, be sure to stage your home so that contractors and workers can do their jobs efficiently. If you don't want them to move furniture, label items that need to remain in place and clearly mark any areas that need to be avoided. This will help keep your home in good shape while work is being done.

Renovate your kitchen first

Your kitchen is likely one of the biggest money-saving remodeling projects. The kitchen is the heart of your home, so updating them can have a huge impact on the resale value of your property. Plus, the average cost to remodel a kitchen is just under $50,000, while the average cost to add a second bathroom is over $20,000. If you are looking to maximize your renovation budget, starting with your kitchen will likely have the greatest impact. A kitchen remodel can add an average of $19,000 to the value of a home, compared to $4,300 for a bathroom remodel.

Add a second bathroom

While not many people are dying to add a second bathroom, it is still a must-have for most families. Having two bathrooms will enable you to use both at the same time, which is a huge benefit if you have little kids or have people in the house who are less mobile. Even if you don’t have small kids in the house, a second bathroom can be incredibly useful for guests or those with disabilities. As such, it is often a feature that real estate agents will recommend for homeowners who want to increase the value of their property. A second bathroom can be added for around $20,000.

Add a family room or living area

If you are looking to maximize the value of your home with your next remodeling project, adding a family room or living area is the way to go. Adding a living room can increase your home’s value anywhere from $3,300 to $7,500, depending on the size of the room and other factors. The average cost for a family room remodel is $21,000, while the average cost for a living room remodel is $30,000. Both are some of the most cost-efficient ways to increase the value of your home, making them a great choice if you have your sights set on selling your house soon.

Add an extension (or second floor addition)

If you have the budget and timeline to do so, adding an extension to the house or a second floor addition is likely the most cost-effective remodel you can do. Adding an extension is one of the most cost-efficient ways to increase the square footage of your home while enhancing its value. A 1,200-square-foot addition can add as much as $92,000 to the value of a home, while a 2,400-square-foot addition can add as much as $188,000. A second floor addition is similar, with a 1,200-square-foot addition adding around $117,000 to the value of a home, and a 2,400-square-foot addition adding around $219,000.

Conclusion

At the end of the day, the order in which you tackle your project comes down to your personal preferences. Some people may feel more comfortable tackling smaller projects first while others may want to tackle the project that has the biggest impact first. The important thing is to plan your project and be sure to leave room for unexpected expenses along the way.